North Dakota Appraisal Management Company Bond
Overview
North Dakota requires every appraisal management company operating in the state to carry a surety bond as a condition of licensure. This bond protects clients, lenders, and appraisers from financial harm caused by an AMC's failure to meet its legal and contractual obligations. It signals to the North Dakota Real Estate Appraiser Qualifications and Ethics Board that your business is financially accountable before you ever take on a client assignment.
Who Needs This Bond?
You've been told you need this bond — which means you're applying for or renewing an appraisal management company license in North Dakota. Any company that recruits, manages, or contracts with licensed appraisers to perform appraisals for clients must secure this bond. If your AMC is based outside North Dakota but operates here, the state still requires you to be bonded. This is a non-negotiable step in the licensing process.
What is this Bond For?
This bond exists to hold appraisal management companies financially responsible for misconduct, fraud, or failure to pay appraisers and clients as required under North Dakota law. If your AMC withholds appraiser compensation, engages in deceptive practices, or violates state AMC regulations, an injured party can file a claim against the bond to recover their losses. The bond does not protect your company — it protects the public and the appraisers you work with.
When is it Required?
Before your North Dakota AMC license is issued, this bond must already be in force and submitted to the North Dakota Real Estate Appraiser Qualifications and Ethics Board. You cannot legally operate as an appraisal management company in the state without it. If you are renewing your license, your bond coverage must remain continuous — any lapse can jeopardize your standing with the Board.
Where Does it Apply?
This bond is a statewide requirement and covers your appraisal management company's operations anywhere within North Dakota. It is not a city or county permit — it is governed at the state level through the North Dakota Real Estate Appraiser Qualifications and Ethics Board. All AMC activity conducted under your North Dakota license falls within its scope.
How to Buy Online
Click 'Buy This Bond Online' to open the secure surety portal in a new tab and complete your application in minutes. You'll enter your business details, select your required bond amount, and move through checkout without waiting on an agent. Once approved, your bond documents are available for immediate download and submission to the Board.
Why Bond Titan?
Bond Titan is powered by The Southern Agency and built for business owners who need their bond now — not after a callback or a three-day wait. Our nationwide catalog includes the North Dakota Appraisal Management Company Bond, and the entire process happens online at your pace. No paperwork stacks, no office visits, no delays.